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PNB plans to dilute stake in subsidiaries
Punjab National Bank, the country's second largest public sector lender, today said it plans to dilute 20-30 per cent stake in its subsidiaries ? PNB Gilts Ltd and PNB Housing.
Maharashtra govt takes ICICI Lombard to consumer court
The Maharashtra government has taken ICICI Lombard to the National Consumer Redressal Forum, accusing the general insurer of not settling claims related to farmers' accident insurance policy satisfactorily.
SBI, GE Money expand tie-up
Begin on a fresh note with SBI man at the helm of card firm. ??Joint venture partners State Bank of India (SBI) and GE Money seem to have set their house in order after a brief period of strain over bad debt and losses at SBI Cards, the country's second largest card company.
Liquidity dries up on CRR hikes
Liquidity: Under strain ??The liquidity position has started showing signs of strain since the Reserve bank of India could absorb only Rs 2400 crore from the market.
`Customer care is a continuous challenge`
"I have been used to transfers throughout my career. I am now also used to transfer from active to passive life.
Syndicate Bank Q4 net up 21% to Rs 126 crore
Syndicate Bank today reported a 21 per cent rise in net profit to Rs 126 crore for the fourth quarter ended March 31, 2008, compared with the corresponding period last year.
Insurance growth slows down on volatile mkts
Premium collection rises 13% in March 2008 ??Sales of life insurance premiums have seen a slowdown in March, a possible fallout of the volatile stock market.
Syndicate Bank aims at women depositors
Syndicate Bank, the Manipal-based public sector bank has launched a campaign exclusively aimed at attracting women customers.
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